Egypt is weighing plans for a major logistics distribution hub along the Suez Canal, a move that could strengthen its grip on one of the world's busiest trade corridors and reshape how goods move between Africa, Asia, Europe, and the Middle East.

The proposal, currently under review by the Egyptian government, would establish a global logistics and redistribution centre within the Suez Canal Economic Zone (SCZone), an area that authorities have spent years positioning as a manufacturing, shipping, and investment destination.

Prime Minister Mostafa Madbouly discussed the project during a high-level meeting in Cairo on Monday, bringing together officials from the Ministry of Investment and Foreign Trade, the SCZone Authority, and the General Authority for Investment and Free Zones.

While the government has not disclosed the identities of the international companies bidding to develop the project, officials indicated that several proposals are being evaluated as Egypt seeks to accelerate implementation.

The initiative comes as countries across Africa and the Middle East compete to capture a larger share of global supply chains amid shifting trade patterns, geopolitical tensions, and growing demand for faster distribution networks.